Telegram CEO Pavel Durov revealed a partnership with Elon Musk's xAI, which will see the integration of the Grok AI chatbot into the messaging platform.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the third successive day and trading more than 0.50% higher around 100.30 during the Asian hours on Thursday.
The White House has reportedly chosen to withdraw $400 million in funding that was set aside for states to upgrade their unemployment insurance systems. This decision could potentially lead to future complications.
The planned issuance of new shares to raise the money would reportedly dilute existing ownership, including Trump family holdings, reducing their voting control to below 50% for the first time.
Despite a steep fall in profit and revenues, MMTC stock rallied for the second session. An analyst says a technical rebound and rising volumes could push it further
The FOMC's consistent use of positive descriptive summaries about the economy and the labor markets is intentional. Investors and others are blindsided from economic reality until the negativity hits them squarely in the face.
Total S&P 500 earnings for the June quarter are expected to be up +5.5% from the same period last year on +3.8% higher revenues, with a broader and greater pressure on estimates relative to other recent periods.
Chinese AI startup DeepSeek quietly released an upgraded R1 model that rivals OpenAI's o4 mini and outperforms Elon Musk's Grok 3 mini, reinforcing China's rising AI competitiveness.
The No. 1 position for the California Public Employees' Retirement System (CalPERS) hasn't lost money on a rolling 20-year basis dating back more than a century.
The Japanese Yen (JPY) recovers slightly from a two-week low touched against a broadly stronger US Dollar (USD) during the Asian session on Thursday, though it lacks bullish conviction.
The company’s Q4 results showed modest revenue growth but a decline in annual profit, while strong sequential gains suggest improving momentum for the stock.
The analyst said Aditya Birla Sun Life AMC has established strong support near the 200-day moving average, with a bullish crossover of shorter-term averages signaling potential upside.
Nvidia shrugged off an $8 billion hit from China export curbs by raising guidance, as soaring demand for Blackwell chips and AI infrastructure fuels record growth.
The Australian Dollar (AUD) remains subdued for the fourth successive session on Thursday, following disappointing Private Capital Expenditure data for the first quarter.
Its net income for the quarter ended April 30 rose to C$1.96 billion, or C$2.50 per share, compared with C$1.87 billion, or C$2.36 per share, a year earlier.
Markets decided to take a bit of a breather today after rebounding to start the holiday-shortened week. Then, after starting to nudge higher within the last hour of trading, all major indexes took a downturn into the close.
Nvidia Corp.'s (NASDAQ: NVDA) strong first-quarter performance highlights a quiet, yet fast-growing segment of the company that has long been overlooked by investors.
The company reported a 19% increase in subscription services revenue to $634.8 million and confirmed it had surpassed its 2025 revenue run rate goal of $3 billion.
